Registered advisors
1 advisors
Medium firm tier
Data sourced from FINRA BrokerCheck public records. Disclosures reflect reported events, not proven violations. Verify at BrokerCheck ↗
FINRA BrokerCheck SEC IAPD verified CRD# 120708 Grade F
MAXIM GROUP LLC — FINRA BrokerCheck Disciplinary Record
Limited Liability Company headquartered in NEW YORK, NY. 1 registered advisor, 3700.0% disclosure rate.
MAXIM GROUP LLC registration status — ACTIVE
Total disclosures
37 events
On FINRA BrokerCheck
Disclosure rate
3700.0%
37 ÷ 1 advisors
Branch offices
7 offices
Formed in New York
Disclosure Density
Disclosures per registered advisor — relative to peer-firm benchmarks.
MAXIM GROUP LLC — disclosures per advisor 100.0%
Industry median
Compared against the 0.10-disclosure-per-advisor industry-median benchmark drawn from the firms table.
Disclosure Breakdown
| Disclosure Type | Count |
|---|---|
| Regulatory Events | 36 |
| Customer Complaints | 0 |
| Arbitrations | 1 |
| Civil Events | 0 |
| Total | 37 |
Counts reflect events reported on FINRA BrokerCheck. Disclosures are reported events, not proven violations. Verify at BrokerCheck ↗
Disclosure category share
MAXIM GROUP LLC — 37 disclosures on FINRA U4/U5 categories
Peer Comparison
MAXIM GROUP LLC vs. industry-median benchmarks for Medium-tier broker-dealer firms.
Disclosure rate
3700.0%
Industry median: 10.0%
Reg events / advisor
36.00
Industry median: 0.05
Branches / advisor
7.00
Industry median: 0.15
Firm Details
- Firm Size
- Medium
- Scope
- ACTIVE
- Location
- NEW YORK, NY, 10022
- Formed
- 04/11/2002
- State of Formation
- New York
- CRD Number
- 120708
- SEC Number
- 65337
Verify at FINRA BrokerCheck
FINRA BrokerCheck provides the full official disciplinary record, including individual registered advisors. Always verify before hiring a financial advisor.
View on FINRA BrokerCheck ↗What the Record Says About MAXIM GROUP LLC
MAXIM GROUP LLC (Limited Liability Company, CRD# 120708 · SEC# 65337 · NEW YORK, NY) reports 1 advisor across 7 branches — Medium tier, scope ACTIVE.
BrokerCheck shows 37 disclosures (3700.0% per-advisor rate): 36 regulatory, 0 customer-complaint, 1 arbitration, 0 civil. Letter grade F (1/5 internal scoring). Verify on FINRA BrokerCheck ↗ · how disclosures are interpreted.
Every firm registered with FINRA or the SEC must report regulatory actions, customer complaints, arbitrations, and civil judicial events on its public BrokerCheck and Form ADV records. A disclosure is not automatically a finding of wrongdoing — it can range from a settled customer dispute to a formal regulatory sanction — but a high disclosure rate relative to advisor headcount is a signal worth examining before you hire. Compare the per-advisor rate above against firms of similar size, and read each disclosure's underlying detail on the official record rather than relying on the headline count alone. Registration itself confirms only that a firm is authorized to do business, not that its compliance history is clean.
Source: FINRA, BrokerCheck Public Disclosure Data (2024) FINRA, BrokerCheck Public Disclosure Data (2024)
Frequently Asked Questions
What does a grade of F mean for MAXIM GROUP LLC?
A grade of F indicates MAXIM GROUP LLC has a significant number of FINRA disclosures relative to its size (3700.0% disclosure rate). Prospective clients should review the specific disclosures before engaging.
How many FINRA disclosures does MAXIM GROUP LLC have?
MAXIM GROUP LLC has 37 total FINRA disclosures, including 36 regulatory events, 1 arbitration. Disclosures reflect reported events on FINRA BrokerCheck and do not necessarily indicate proven violations.
How many financial advisors work at MAXIM GROUP LLC?
MAXIM GROUP LLC has 1 registered advisor and 7 branch offices, headquartered in NY. Advisor counts are sourced from FINRA BrokerCheck public records.
Where can I verify MAXIM GROUP LLC's disciplinary record?
You can verify MAXIM GROUP LLC's full disciplinary history on FINRA BrokerCheck at brokercheck.finra.org using CRD number 120708. BrokerCheck provides detailed information about individual registered representatives, complaints, and regulatory actions.
What is a FINRA disclosure?
A FINRA disclosure is a reported event on a broker-dealer's record, including regulatory actions, customer complaints, arbitration proceedings, and civil court events. Disclosures are part of the public record maintained by FINRA and do not necessarily indicate wrongdoing or proven violations.
Should I avoid MAXIM GROUP LLC because of its disclosures?
Not necessarily. Larger firms with more advisors tend to accumulate more disclosures. MAXIM GROUP LLC has a 3700.0% disclosure rate (37 disclosures across 1 advisors). Consider reviewing the nature of individual disclosures on FINRA BrokerCheck and comparing rates with similarly-sized firms before making a decision.
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Related
Data sourced from official FINRA BrokerCheck and SEC EDGAR enforcement records. See our methodology for details. Retrieved and formatted by PlainAdvisorCheck Editorial